Terra to Resume Ammonia Production at Billingham and Yazoo City.SIOUX CITY, Iowa <noinclude></noinclude> Sioux City (IPA: [su: 'sɪti]) is a city located in northwest Iowa in the United States. As of the 2000 census, the city had a total population of 85,013. -- Terra Industries Inc. (NYSE NYSE See: New York Stock Exchange :TRA TRA Training TRA Transfer TRA Transition TRA Tennessee Regulatory Authority TRA Telecommunications Regulatory Authority (Oman) TRA Tax Reform Act (1976, 1984, or 1986) TRA Teachers Retirement Association ) announced today that it is in the process of restarting its ammonia production Because of its many uses, ammonia is one of the most highly-produced inorganic chemicals. There are literally dozens of large-scale ammonia production plants worldwide. The worldwide production in 2004 was 109,000,000 metric tons.[1] China produced 28. plants in Billingham, Teesside, UK and Yazoo City Yazoo City, city (1990 pop. 12,427), seat of Yazoo co., W central Miss., on the Yazoo River; inc. 1830. It is a trade, processing, and industrial center in a cotton, cattle, and soybean area. Oil is refined, and clothing and fertilizer are manufactured. , Miss. Terra expects to resume ammonia production at these plants on March 1, 2006. Terra announced on Nov. 7 and Dec. 27, 2005, that it had suspended ammonia production at the Billingham and Yazoo City facilities due to high natural gas costs and to complete an extended maintenance turnaround at the Yazoo City facility. During the outages, the company made sales from its own inventories and used purchased ammonia as a feedstock feed·stock n. Raw material required for an industrial process. Noun 1. feedstock - the raw material that is required for some industrial process raw material, staple - material suitable for manufacture or use or finishing to produce and sell upgraded products. Recent decreases in natural gas costs make it more economical for Terra to produce, rather than continue to purchase, ammonia to meet Billingham and Yazoo City customer demands. Terra also announced that beginning March 1, it is curtailing U.S. nitrogen solutions production to about 35 percent below capacity to direct more output to meet merchant ammonia sales requirements and ensure minimal inventories of both products at July 1, 2006. About Terra Terra Industries Inc., with 2005 revenues of $1.9 billion, is a leading international producer of nitrogen products. Forward-looking statements This news release may contain forward-looking statements, which involve inherent risks and uncertainties. Statements that are not historical facts, including statements about Terra Industries Inc.'s beliefs, plans or expectations, are forward-looking statements. These statements are based on current plans, estimates and expectations. Actual results may differ materially from those projected in such forward-looking statements and therefore you should not place undue reliance on them. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements is set forth in Terra Industries Inc.'s most recent report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Terra Industries Inc.'s other documents on file with the Securities and Exchange Commission. Terra Industries Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. Note: Terra Industries' news announcements are also available on its website, www.terraindustries.com. |
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